Hendershot Investments Inc. Purchases 167 Shares of Amazon.com, Inc. (NASDAQ:AMZN)

Hendershot Investments Inc. grew its position in Amazon.com, Inc. (NASDAQ:AMZN) by 6.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,785 shares of the e-commerce giant’s stock after buying an additional 167 shares during the quarter. Hendershot Investments Inc.’s holdings in Amazon.com were worth $423,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the company. PayPay Securities Corp increased its stake in Amazon.com by 54.3% in the 3rd quarter. PayPay Securities Corp now owns 267 shares of the e-commerce giant’s stock valued at $34,000 after buying an additional 94 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. increased its position in shares of Amazon.com by 45.0% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 277 shares of the e-commerce giant’s stock worth $42,000 after purchasing an additional 86 shares during the last quarter. Authentikos Wealth Advisory LLC bought a new stake in shares of Amazon.com during the 3rd quarter worth approximately $49,000. Bruce G. Allen Investments LLC acquired a new stake in shares of Amazon.com in the 4th quarter valued at approximately $57,000. Finally, AM Squared Ltd bought a new position in shares of Amazon.com in the third quarter valued at $76,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AMZN has been the subject of a number of recent analyst reports. BMO Capital Markets increased their price target on shares of Amazon.com from $205.00 to $215.00 and gave the company an “outperform” rating in a research note on Tuesday, April 23rd. Robert W. Baird lifted their price target on Amazon.com from $185.00 to $205.00 and gave the stock an “outperform” rating in a report on Friday, February 2nd. Sanford C. Bernstein upped their price objective on Amazon.com from $175.00 to $200.00 and gave the company an “outperform” rating in a research note on Friday, February 2nd. Piper Sandler lifted their target price on Amazon.com from $185.00 to $205.00 and gave the stock an “overweight” rating in a research note on Friday, February 2nd. Finally, Barclays increased their price target on Amazon.com from $190.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating, forty-four have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $205.13.

Amazon.com Trading Up 3.4 %

Shares of AMZN stock opened at $179.62 on Monday. Amazon.com, Inc. has a twelve month low of $101.15 and a twelve month high of $189.77. The stock’s fifty day simple moving average is $177.99 and its 200 day simple moving average is $158.98. The company has a quick ratio of 0.84, a current ratio of 1.05 and a debt-to-equity ratio of 0.29. The firm has a market capitalization of $1.87 trillion, a P/E ratio of 61.94, a P/E/G ratio of 1.55 and a beta of 1.16.

Amazon.com (NASDAQ:AMZN) last released its quarterly earnings results on Thursday, February 1st. The e-commerce giant reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.19. The company had revenue of $169.96 billion for the quarter, compared to analysts’ expectations of $165.96 billion. Amazon.com had a return on equity of 16.61% and a net margin of 5.29%. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.21 earnings per share. As a group, sell-side analysts predict that Amazon.com, Inc. will post 4.11 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com

In other news, CEO Adam Selipsky sold 500 shares of Amazon.com stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $155.72, for a total transaction of $77,860.00. Following the transaction, the chief executive officer now owns 116,560 shares in the company, valued at $18,150,723.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, insider Jeffrey P. Bezos sold 5,998,849 shares of the stock in a transaction dated Wednesday, February 7th. The stock was sold at an average price of $170.16, for a total value of $1,020,764,145.84. Following the completion of the sale, the insider now owns 982,252,968 shares of the company’s stock, valued at $167,140,165,034.88. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Adam Selipsky sold 500 shares of the firm’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $155.72, for a total value of $77,860.00. Following the transaction, the chief executive officer now owns 116,560 shares of the company’s stock, valued at $18,150,723.20. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,214,010 shares of company stock worth $5,505,889,146. 10.30% of the stock is currently owned by company insiders.

Amazon.com Profile

Amazon.com, Inc engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.